PANews reported on May 31 that the prices of Trump-themed meme coins fluctuated sharply due to the conviction of former US President Trump on 34 felony charges in the "hush money" case. Among them, MAGA (code TRUMP) plummeted in the short term and then rebounded sharply. It is currently trading at $15.17, with a 24-hour increase of 8.7%. FreeTrump (code $TRUMP) soared 592.5% to $0.02352. Other related currencies such as MAGA Hat (code MAGA), Super Trump (code STRUMP) and MAGA VP (code MVP) fell by 10% to 25%. At the same time, the stock of Trump Media and Technology Group (DJT) fell 9% in after-hours trading on Nasdaq. On the other hand, the price of Jeo Boden (code BODEN), a meme coin related to current President Biden, plummeted after a short-term increase of more than 10%. It is currently trading at $0.2607, a 24-hour drop of 15.7%. According to previous news, a New York court jury member responsible for the "hush money" case of former US President Trump made a ruling on May 30 local time, pronouncing that all 34 felony charges of falsifying business records in this case were established. Trump also became the first former president of the United States to be convicted.
